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MultiChoice Nigeria ordered to pay deposit against tax claims

Thursday 26 August 2021 | 12:45 CET | News
Pay-TV provider MultiChoice has been ordered by the Nigeria Tax Appeal Tribunal (TAT) to make a deposit towards outstanding tax claims of NGN 1.8 trillion. In a statement, MultiChoice said the direction requires MultiChoice Nigeria to deposit with the Federal Inland Revenue Service an amount equal to the tax paid by the company in the preceding year or half of the disputed tax assessment under appeal, whichever is the lesser amount plus 10 percent.

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Categories: Broadcast & Satellite
Companies: MultiChoice
Countries: Nigeria
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